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[JUST IN] Cash Scarcity: NLC, CBN Meet In Abuja

Published

2 years ago

March 23, 2023

…We Pushed In N20bn On Thursday–CBN

In less than 24 hours after the leadership of the Nigeria Labour Congress, NLC, directed all its branches and affiliate unions to mobilize members for a shutdown of all the branches of the Central Bank of Nigerian, CBN, across the country, over cash scarcity, the apex bank on Thursday evening met with the NLC at the Labour House Abuja.

Recall that the Comrade Joe Ajaero-led NLC, had on Wednesday while addressing journalists said that activities in all branches of the CBN nationwide and the Abuja headquarters will be shut down on Wednesday next due to the cash crunch in the country.

Comrade Ajaero had advised workers to stockpile food items as the industrial dispute with the CBN will be total.

He said Nigerians have been subjected to untold hardship occasioned by the scarcity of naira notes to attend to medical needs and other areas of need.

It was gathered that the NLC threat to paralyze activities at the CBN necessitated the impromptu meeting which started at about 5 pm on Thursday.

The two man delegation made up of the CBN Deputy Gpvrrnor in charge of operations and the Deputy Governor in charge of Economic Pokicy, told the NLC President that about two billion naira was pushed out on Thursdsy in a bid to address the hardship.

A source privy to the meeting told Vanguard that the CBN promised to ensure that the scarcity of naira notes will come to an end as quickly as possible.

“They said the money they pushed out today is equivalent to the whole money pushed out within the week. They also promised to work day and night starting from this night to ensure that there is enough money in the banks,” the source said.

He further said that the CBN denied the allegation that it was printing money out of the country and that the Governor, Godwin Emefiele has directed that the old naira notes should be made available to customers.

Besides, the source denied the allegation that the old naira notes have been burnt, assuring that there will be remarkable improvement in few days to come.

It was gathered that the NLC President, Comrade Ajaero told the CBN delegation that he was not interested in how much that was pushed out, but only interested in seeing that workers and other Nigerians collect their money in banks without stress..

“The President told them that it does not bother us how much they pushed out, our concern is to see that this hardship comes to a stop.

“He also told them that they should work day and night to solve the problem and will depend on the feedback from the average Nigerians who go to the banks to make withdrawals whether there is improvement before Wednesday next week NLC planned to picket the apex bank ,” the source said.

When contacted, the NLC President, Comrade Ajaero, confirmed the meeting and said that the interest of the leadership is to see that Nigerians are able to withdraw their money devoid of the hardship they are passing through.

“We will only know that they are serious when we see improvement,” he added.

Headline

Most Followed Tiktoker Khaby Lame Deported From US Over Visa Violation

Published

1 day ago

June 12, 2025

Editor

Italian-Senegalese social media sensation, Khaby Lame, known as the world’s most followed TikTok creator, has been deported from the United States after allegedly overstaying his visa, The New York Times reported.

US Immigration and Customs Enforcement confirmed that Lame, 25, was detained last Friday at Harry Reid International Airport in Las Vegas.

The agency confirmed the detention in an official statement, stating that Lame entered the country on April 30 but “overstayed the terms of his visa.”

Lame, who rose to international fame for his silent comedic reactions to overcomplicated “life hack” videos, has amassed over 160 million followers on TikTok.

His online popularity led to collaborations with global fashion brands, a role in a Hollywood film, and a reality show on Tubi titled Khaby Is Coming To America.

His deportation has sparked a storm of reactions online.

“Every single illegal alien needs to be DEPORTED. When I found out the biggest TikTok star, Khaby Lame, is an illegal alien evading taxes, I worked with Trump’s ICE to have him removed. He’s since been detained by ICE and removed,” Bo Loudon, a Gen Z Trump supporter and self-styled activist, wrote on X, formerly Twitter.

Following his deportation, Lame has not issued any formal statement. However, on Monday, he posted an Instagram story tagged in São Paulo, Brazil, marking his first confirmed location since leaving the US

Lame’s former legal representative, Riccardo Lanzo, told The New York Times that the influencer had spent significant time in the US recently but acknowledged uncertainty regarding his visa status.

The case came amid a broader immigration enforcement push under Trump’s renewed administration.
APF

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Trump Unveils Website For $5m US Residency Visa

Published

2 days ago

June 12, 2025

Editor

President Donald Trump touted a new website for his planned $5 million US residency permit on Wednesday, saying the waiting list for the golden visa has opened on TrumpCard.gov.

“Thousands have been calling and asking how they can sign up to ride a beautiful road in gaining access to the Greatest Country and Market anywhere in the World,” Trump wrote in a social media post.

Trump unveiled the first such visa aboard Air Force One in April, holding a golden prototype that bore his face and promising the special permit would probably be available “in less than two weeks.”

The visas are not available yet, but the website announced Wednesday allows interested parties to submit their name, desired visa and email address under a header that says “The Trump Card is Coming.”

Trump previously said the new visa, a high-price version of the traditional green card, would bring in job creators and could be used to reduce the US national deficit.

The announcement comes as deportation raids are being ramped up across the country, prompting protests, and as Trump’s administration faces ongoing lawsuits and accusations of rights violations over its anti-immigration blitz.

Trump has said the new card would be a route to highly prized US citizenship. He said in February that his administration hoped to sell “maybe a million” of the cards and did not rule out that Russian oligarchs may be eligible.

AFP

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19-year-old Nigerian Artiste Beaten To Death In Ghana

Published

2 days ago

June 11, 2025

Editor

A 19-year-old upcoming Nigerian artiste identified simply as Destiny has been beaten to death in the Volta Region area of Ghana.

According to The PUNCH, the incident happened on May 28.

It was gathered that a yet-to-be-identified Nigerian based in Ghana accused him of failing to remit funds related to a business venture they introduced him to.

The male adult, who was also said to be among those who facilitated his trip to the country, stormed his apartment alongside two others to question him about the funds.

However, Destiny’s failure to provide answers led to a severe assault meted out to him.

A source privy to the incident told The PUNCH on Tuesday on the condition of anonymity because he lacked the authority to speak with the media that the Edo State-born artiste thereafter succumbed to the injuries sustained from the assault.

“Destiny went to Ghana to further his education, and the travel was facilitated by someone he called his street brother. These are the same people who provided an apartment for him over there. Those who broke the news to us from there said the men introduced him to a business, which they later accused him of diverting some funds meant for the business. This angered them, and they went to his apartment and beat him up. The beating was so intense that he felt weak and gave up the ghost in the process,” the source narrated.

It was further learnt that the suspects left the deceased’s body in the room after they discovered that he was motionless.

Another source who spoke to newsmen said the police later discovered the corpse a few days after the incident.

“The police were alerted to the incident, and some officers were deployed to the apartment where Destiny’s remains were found. We were told that no suspects had been arrested since his death. We hope the Ghanaian authorities find his killers and bring them to justice.”

In a video obtained by The PUNCH, Destiny was seen speaking about himself and what his plans were.

He said, “I am Destiny and I am a streamer from Nigeria. I want to apply to Streamers University, and this will be a great joy for me, my mother, and everybody. I am also an artiste and a gamer. I do all sorts of things.”

Recall that in April a 77-year-old Nigerian Uber driver, Olatunji Bolaji, was killed in a shooting outside a hookah lounge in Philadelphia, United States.

Bolaji, who lived in Norristown, Pennsylvania, was on duty around 2 a.m. on Wednesday when he picked up a passenger, a 22-year-old man, outside the Byblos Hookah Bar near Rittenhouse Square in Centre City, CBS reports on Friday.

Police said shortly after Bolaji picked up the young man, another vehicle pulled up behind his SUV, and two men got out.

One of them opened fire, shooting both Bolaji and the passenger.